Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updates throughout the day Microsoft (NASDAQ: MSFT) will re-enter the home TV program market (Reuters) Google (NASDAQ: GOOG) will buy Groupon for $6 billion (NYT) Wiretaps, many of which are two-years old will be…
The spreads on what it costs to insure the sovereign debt of Spain and Portugal have continued to widen. The borrowing costs for each country are now at levels which neither can probably sustain…
Microsoft (NASDAQ: MSFT) may make another assault on the home television market. It has visited that sector before and was beaten back by cable companies and digital video recorders. Reuters reports that the world’s…
The Congressional Budget Office has been given the task to report on the state of the TARP fund which was created primarily to bail out financial firms crippled by the credit crisis. The most recent report, based…
Coremetrics, which covers online sales activity, says that Cyber Monday sales rose 20% this year over last based on data taken through 6 PM. That would make e-commerce revenue for the day about $1 billion.…
Google (NASDAQ: GOOG) is near a deal to buy Groupon for $6 billion. (NYT) The Congressional Budget Office says the cost of TARP to taxpayers was only $25 billion. (Reuters) Obama plans to freeze…
Word from the National Association of Realtors is that commercial real estate is slowly getting well. Very slowly. The NAR’s chief economist noted that apartment rents “could” increase by 1%-2% in 2011, after staying…
Verdict: Bad Shares of Amazon.com hit an all-time high of $181.84 today. As a reference, the stock traded at $90 during the peak of the 2007 holiday season – perhaps the best in US…
Ask not for whom the foreclosure bell tolls house flippers. It tolls for thee. With profuse apologies to Ernest Hemingway, that butchered metaphor sums up the predicament facing many real estate investors caught in…
A number of the world’s largest cities have begun to run out of clean air, which leaves open the question of their long term futures. Disease which is a by-product of pollution is rampant…
By by John Tamny of Forbes The negative incentive effects of unemployments are well known. What’s maybe not discussed enough are the less visible effects of jobless benefits, which include reduced productivity on the job,…
Updated throughout the day. Amazon.com (Nasdaq: AMZN) will enter a number of markets outside the US (FT) Apple (NASDAQ: AAPL) has begun to recruit an army of lawyers to fight patent claims (various) Ireland…
The bailout of Ireland has not been nearly enough to cause capital markets investors to believe that Portugal and Spain are out of trouble. The concerns about sovereign defaults has only grown. Each nation…
The DVD industry rose to a breathtaking level nearly as fast as any entertainment medium in history. The basic technology for the product was created in the early 1990s. DVDs were not available in…
The U.S. Immigration and Customs Enforcement shuttered more than 70 websites recently. Some were e-commerce operations. Others were set up to use filing sharing technology to transfer premium feature-length content which violates copyrights. Still others were…
Google (NASDAQ: GOOG) keeps losing its top employees to other companies. Some of its senior management and best engineers have departed for AOL, Facebook, TellApart, Cuil, DoApp, and scores of other companies–many of them…
Reuters: ECB executives sought to calm capital markets and assure them that the Ireland bailout should stabilize the euro. Reuters: Online bargain hunting has spread beyond CyberMonday. Reuters: Members of the President’s deficit reduction…
There have been several estimates of Black Friday sales both specific and anecdotal. The National Retail Federal added its figures for what many believe is the most critical shopping day of the holiday season.…
European finance ministers have signed off on a $113 billion rescue package for Ireland with the question of whether it will be enough still open. It is the second such rescue of a European nation…